Enlarge / Used Tesla model 3 sedans available to purchase at an all-EV dealership. (credit: shaunl | Getty Images) David Cottrell got his $39,999 Tesla Model Y last February. The compact electric hatchback was a fantastic car, he says. But just a few months later, he decided to input the make and model into the […]
Enlarge / Ford Mustang Mach-E GT. (credit: Ford) Ford announced today that it will be splitting its electric and fossil fuel vehicle business into two separate divisions. The announcement has investors rallying to the stock but leaves plenty of questions unanswered about the future of the 118-year-old company. The reorganization caps weeks of speculation that […]
Enlarge (credit: Rivian) Automaker Rivian announced yesterday that it is raising the prices of its R1T truck and R1S SUV and that the new prices would apply to nearly all preorders. Both the R1T and R1S weren’t inexpensive vehicles to begin with—the truck started at $67,500 before any eligible tax credits, and the SUV started […]
Enlarge / Smaller vehicles like the Kia EV6 could benefit from lighter, more energy-dense batteries. (credit: Kia ) Solid-state batteries have been hailed as the Holy Grail for electric vehicles, and while that might be an overstatement, they do promise to boost range and slash charging times, bringing zero-emissions vehicles that much closer to parity with […]
Enlarge / The biggest impediment to EV adoption appears to be cost of ownership, according to EY’s 2021 Mobility Consumer Index. (credit: Carlos Sanchez Pereyra/Getty Images) Electric vehicles are increasingly breaking into the mainstream. According to a new survey conducted by EY, 41 percent of consumers planning to buy a car say their next vehicle […]
Enlarge / GM and Will Ferrell took a Cadillac Lyriq EV to Sweden to highlight the fact that Norway buys more electric vehicles per capita than the US. (credit: General Motors) Although a bunch of automakers chose to sit out 2021, General Motors still saw value in advertising during this year’s Super Bowl. The automaker […]
Enlarge / A prototype Amazon delivery truck in the Los Angeles area. (credit: Amazon) A year and a half after Amazon announced it would buy 100,000 electric trucks to reduce its carbon footprint, Amazon says it has begun using prototype vehicles for real-world deliveries in Los Angeles. Amazon expects to spend a few more months […]
Enlarge / Fisker now has a market cap of $4.1 billion thanks to a SPAC reverse merger in 2020. It says that the Ocean SUV will be the most sustainable vehicle ever sold. (credit: Fisker) With technology disrupting the automotive industry, investors have raced to secure exposure to potential winners—whether battery makers, manufacturers of other […]
Expand (charge: Viaframe / / Getty Images) Elon Musk made Plenty of promises during Tesla’s Battery Day past September. Shortly, he explained, the business could have an automobile which runs on batteries using pure silicon anodes to enhance their performance along with decreased cobalt from the cathodes to reduce their price. Its battery pack is going […]